Cefic criticizes European energy and climate proposals

5:28 AM MST | January 24, 2014 | Michael Ravenscroft

Cefic has criticized the European Commission's recently published proposals on greenhouse gas (GHG) emissions and renewable energy. The commission has called for a reduction of 40% in GHG emissions and for the European Union to boost the share of renewable energy to 27% by 2030. "The commission has missed an opportunity to marry industrial, energy, and climate policies," Cefic says. "If implemented unilaterally, the GHG emission target would trigger further deindustrialization in Europe, and run counter to the stated goals of 20% of industry's...